When a business buys from another business it is called business-to-business (B2B) online shopping. Online shopping has become the trend and the new mode of purchasing. There are literally 1000s of online marketing enterprises selling goods from cosmetics, clothing, shoes, hand phone accessories, vitamin supplements, used items and so on. Literally the entire range of consumer items. These services have little overheads, no rentals to worry about and no staff wages to pay out, unlike their physical counterparts who are at a great disadvantage.
Ebay and other well known online marketing platforms have good and healthy growth in their local trade volumes. Similarly, the postal department and local courier business is experiencing healthy demand and business. This pops a question. While there is growth in these sectors, obviously the usual retail sector shrinks. Shops do not get their sales volumes and are closing down. The trend is very clear. Retail shop demand will fall and even shrink. Other than for the service side , such as hair saloons, clinics and so on. Online shopping is indeed having an adverse impact on the retail sector.
